SBA lending record
Hixon Agency, Inc.
212 Veterans Drive, Scottsboro, AL 35768 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2022
On record
4
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Hixon Agency, Inc. your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$1,180,000 — FY2022
- Gross approval
- $1,180,000
- SBA guaranteed
- $885,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 11/18/2021
- First disbursement
- 11/30/2021
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
United Midwest Savings Bank National Association
1 loan to this business- Total assets
- $520.6B
- Deposits
- $429.7B
- Loans outstanding
- $363.1B
- Net income
- $2.8B
- Return on assets
- 2.202309972402985%
- Return on equity
- 16.08%
- Total equity
- $71.7B
- Offices
- 6
- Founded
- 05/0
- Headquarters
- 101 S Main St, Degraff, OH, 43318
- FDIC cert
- 32441
- Website
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Hixon Agency, Inc..